Since the beginning of this year,China’s economic development has faced huge difficulties and challenges. The “triple pressure” of shrinking demand,supply shock,and weakening expectations has continued unabated. The impact of the epidemic,the downturn in real estate,the conflict between Russia and Ukraine,and the pressure on exports,the inherent impetus for economic growth is obviously insufficient.,the downward pressure on the economy continues to increase. The severe economic situation has seriously threatened the achievement of the annual economic goals,the stability of the overall economic and social situation,and the overall situation of China’s sustainable development. In 2022,sustainable economic and social development will face seven major challenges:first,the rebound of the epidemic will intensify the triple pressure,both supply and demand will be impacted,and the balance sheet recession will increase;second,the expected weakening may become the norm,and the confidence of all parties needs to be improved urgently. Third,imported inflation has brought pressure on the development of our real economy and small and medium-sized enterprises;fourth,the real estate industry is still under repair,and risk release has not ended;Sixth,multiple overseas risks have large spillover effects;seventh,secondary disasters brought about by geopolitical conflicts cannot be ignored. To this end,we need to continue to make efforts on the policy side,focus on various aspects,take extraordinary measures,increase expansion efforts without hesitation,and strive to introduce policies that can effectively boost confidence,reverse market expectations,and truly give economic entities a sense of gain. Measures to stabilize growth,and strive to prevent the economy from staying below the potential economic growth rate or reasonable economic operation range for an extended period of time.
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